Xenia Hotels & Resorts (XHR) said Wednesday its board approved the repurchase of up to an additional $100 million of the company's outstanding common shares.
Xenia had about $180 million remaining under its total buyback authorization as of Tuesday, including the additional authorization.
The company's board also kept its quarterly cash dividend at $0.14 per share, payable July 15 to shareholders of record as of the close of business June 30.
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